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$650,000

2507 Manor Cir, Austin, TX, 78723

On MarketInfo
Just AddedInfo
Beds8 Beds
Baths4 Bath
Baths3,174 Sq Ft
OtherOther
price_per_sqft$204.79 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms Full 4Bathrooms Full 4
HeatingHeating
CoolingCooling
AppliancesGas Oven, Refrigerator

Exterior

Lot Size9,392 sqft

Building Information

Year Built1960
Stories2
Roof Type105

Land Information

APN02172002010000
Lot Number8
SubdivisionManor Hills Sec 10
Land UseResidential
Legal DescriptionLOT 8 MANOR HILLS SEC 10
Census Tract000308
Assessed Land Value$205,980
Assessed Improvement Value$321,838
Assessment Year2025

About this property

**Investment Opportunity Near Mueller!** Discover an excellent multifamily investment opportunity at **2507 Manor Circle in Austin, TX 78723**. This well-located **quadplex** offers investors the opportunity to own a four-unit property in a highly desirable Central Austin location near the popular **Mueller District**. With approximately **3,174 square feet**, this property provides tremendous potential for both seasoned investors and buyers looking to expand their real estate portfolio. The four-unit configuration offers multiple income-producing opportunities while providing flexibility for future improvements, renovations, or an owner-occupant investment strategy. Recent updates include a **new roof** and a **stair walkway**, adding value and peace of mind for future ownership. Conveniently situated near **Mueller**, residents enjoy easy access to shopping, dining, entertainment, parks, major employers, and everyday conveniences. The property also provides convenient access to **Downtown Austin, The University of Texas, major roadways, and surrounding East and Central Austin neighborhoods**. Whether you're searching for a long-term rental investment, value-add opportunity, or multifamily property in one of Austin's centrally located areas, **2507 Manor Circle offers location, versatility, and income potential**. **Don't miss this opportunity to own a quadplex near Mueller and take advantage of everything Central Austin has to offer!**

Investor Tools

$65,832Estimated Mortgage Balance
$461,986Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Melody Wallace

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,257/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,443
$527,818
2025
$205,980
$321,838
$527,818
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,443
$527,818

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Novastar Mtg Inc
N/A
$146,200
N/A
First
Aug 7, 2001
Aug 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$65,832
$461,986
87%
12%
$1,448/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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